Listen

Description

US equity markets settled with modest losses but well off their session lows, with fresh caution around the US-China trade negotiations and amid an escalation in tensions in Hong Kong - Dow eked out a +10-point gain and fresh record closing high (27,691.49) – its ninth this year and erasing an earlier -163-point drop. Boeing Co gained +4.55% amid reports that the aviation and defense contractor will resume deliveries of its controversial 737 MAX as soon as January. The broader S&P500 lost -0.20%, snapping a three session winning streak. The technology-centric NASDAQ dipped -0.14%. Alibaba Group Holdings (down -0.24%) set a Singles Day record, with sales of 268.4B yuan or ~US$38B.